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From July through September of 2017, there were 94 homes sold, with a median sale price of $228,000 - a 8.7% increase over the $209,750 median sale price for the same period of the previous year. There were 70 homes sold in Bay Village in the third quarter of 2016.
The median sales tax in Bay Village for the most recent year with available data, 2016, was $6,699, approximately 2.9% of the median home sale price for the third quarter of 2017.
The following table compares Bay Village to other Cuyahoga County cities with similar median sales prices in the third quarter of 2017:
| City | July - Sept. 2017 Home Sales | July - Sept. 2016 Home Sales | % change (Total Home Sales) | July - Sept. 2017 Median Sales Price | July - Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Bratenahl | 12 | 16 | -25% | $282,500 | $217,000 | 30.2% |
| Chagrin Falls | 29 | 22 | 31.8% | $280,000 | $360,000 | -22.2% |
| Highland Heights | 42 | 29 | 44.8% | $262,000 | $248,900 | 5.3% |
| Valley View | 8 | 3 | 166.7% | $258,000 | $110,000 | 134.5% |
| Beachwood | 57 | 36 | 58.3% | $245,000 | $247,000 | -0.8% |
| Bay Village | 94 | 70 | 34.3% | $228,000 | $209,750 | 8.7% |
| Mayfield | 19 | 20 | -5% | $224,000 | $178,500 | 25.5% |
| Olmsted Township | 45 | 49 | -8.2% | $216,000 | $186,000 | 16.1% |
| Independence | 23 | 25 | -8% | $213,500 | $215,000 | -0.7% |
| Rocky River | 125 | 88 | 42% | $212,000 | $202,500 | 4.7% |
| Broadview Heights | 82 | 74 | 10.8% | $209,000 | $195,000 | 7.2% |
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